Question
Consider the following statements and choose the option
with correct Statements. I- The Union government's non-debt receipts comprise revenue receipts (tax and non-tax) and non-debt capital receipts. II- Union Government’s revenue receipts are always less than capital receipts. III- The shortfall in the non-debt receipts to meet the expenditure requirement is met by borrowings of the government (called fiscal deficit).Solution
The Union government's non-debt receipts comprise revenue receipts (tax and non-tax) and non-debt capital receipts. The shortfall in the non-debt receipts to meet the expenditure requirement is met by borrowings of the government (called fiscal deficit). This section evaluates the performance of the Receipts side of the Union Government's finances.
Which International Tennis Tournament is held on grass courts?
Which sport is associated with the Vizzy Trophy?
With which of the following is Fed Cup associated?
How many gold medals did India win at the 2024 Asian Athletics Indoor Championships?
When was the first Indian National Badminton Championship for men held?
Which country clinched double gold medals in both men's and women's categories at the 2024 Chess Olympiad in Budapest?
Manu Bhaker clinched which medal as India's first at the Paris 2024 Olympics in the 10 meter air pistol event?
The 1982 Asian Games were hosted by which country?
With which of the following game is ‘Naidu Trophy’ associated?
Which institution has not partnered with the Morarji Desai National Institute of Yoga to introduce Yoga certification courses for women?
